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Oct 4, 2012
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you will see a regulatory environment that is more in line with what i think the 2012 market should be. we have over regulated in that sense and the value of the us dollar under romney will get stronger. >> karen? >> i agree with what he is saying. there is the perception of economic growth and if that is the case and less regulation, i think you are see the industrials get better. >> i think if we can get back to 2007 and 8: 20 2007 and 2008 levels, it will be better. >> how often do you get a candidate that calls out a sector like that? >> it is not just the president and regulations that have hurt coal stocks? >> that has hurt it as much as the president holding things back. but obviously romney calling this out is why stocks were up 6 to 7%. the question i have is up to what day do you decide to pull the trigger and say romney is going to win and i'm going to put my money where my mouth is. >> i like them whether obama wins or whether romney wins. >> i'm already positioned better. return to normalized earning is more. >> let's go to the options desk xgt where do you stand? >> i agr
you will see a regulatory environment that is more in line with what i think the 2012 market should be. we have over regulated in that sense and the value of the us dollar under romney will get stronger. >> karen? >> i agree with what he is saying. there is the perception of economic growth and if that is the case and less regulation, i think you are see the industrials get better. >> i think if we can get back to 2007 and 8: 20 2007 and 2008 levels, it will be better....
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Oct 8, 2012
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>> a lot is the election and earnings environment. if we take the election and set it aside for now the earnings environment is deteriorating more than investors are willing to cop to at this point. first, fourth quarter of this year, we're supposed to see a remarkable recovery in earnings which i think is highly unlikely considering the macro economic climate. then an earnings kbroet in 2014. so with this fiscal uncertainty, investors have gotten a little bit ahead of themselves in terms of optimism. >> your overstating the election's impact on what the stock market will do? we had jack vogel on at the top of the show that said the market will get it wrong. >> that's possible the market gets it wrong depending on the outcome of the election. clearly this is a very tight election. the reason why i don't think we're overstating the potential impact is just the sheer numbers. this election has an impact in a few ways. first sheer size. like i said we're talking about debt and deficits larger than at any point since world war ii and the
>> a lot is the election and earnings environment. if we take the election and set it aside for now the earnings environment is deteriorating more than investors are willing to cop to at this point. first, fourth quarter of this year, we're supposed to see a remarkable recovery in earnings which i think is highly unlikely considering the macro economic climate. then an earnings kbroet in 2014. so with this fiscal uncertainty, investors have gotten a little bit ahead of themselves in terms...
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Oct 3, 2012
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one thing is discourage the move toward electric cars by trying to alleviate our concerns about the environment. they showed us their new $4 million experimental combustion engine, which they hope will increase gas mileage while it lowers co2 emissions. >> what we want to see is that there is an emphasis on also making this oil greener and making the fossil fuels in general greener, because they're gonna be with us for the long haul. >> let me be blunt, okay? and ask you to be candid. is it aramco's hope to prevent a switch away from oil? somebody said the country is the oil business. i mean, you absolutely need to do this for your own survival. >> and what's wrong with that? >> well, i didn't say anything was wrong with it, but it's a fact. you'd admit it's a fact. >> yeah, we admit a fact that, yes, this is--we depend on the oil industry. we want it to help us, you know, to develop our economy and to develop the economy of the world. so what is good for the well-being of saudi arabia should be good for the well-being of the world too. so there's nothing wrong with that. >> and so what do you
one thing is discourage the move toward electric cars by trying to alleviate our concerns about the environment. they showed us their new $4 million experimental combustion engine, which they hope will increase gas mileage while it lowers co2 emissions. >> what we want to see is that there is an emphasis on also making this oil greener and making the fossil fuels in general greener, because they're gonna be with us for the long haul. >> let me be blunt, okay? and ask you to be...
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Oct 9, 2012
10/12
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voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real reason to worry here? >> i would caution anyone who is booking a funeral home for the final passage of the apple story. i think that's a little premature. technically speaking, we have big volume coming to google and apple and it is the same funds that own both these stocks. nobody should be surprised there is a dip at the beginning of the quarter. i think when have you a quarter where stocks out perform bonds to such a massive degree which is clearly what we saw here, you are going to see people rebalance out of equities, rebalance into stocks and apple is not immune to that. it i
voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real...
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Oct 1, 2012
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, jackie, ibm has been one of those companies that has been able to thrive in all sorts of economic environments. very tough to do in an inno investigation, economy, bill, and where technology moves so fast. as so many of us are witnessing with oracle and its innovation. we have 35 minutes before "the closing bell" sounds. market is higher but well off the highs of the day. >>> hasn't just been stocks making high today. gold hit a nearly one-year high earlier this session, despite beginning what is historically the worst month for the precious metal. will this october buck that trend? we'll look at that coming up. >>> then later on, congress may be on break, yet again, but at least somebody is working on our debt problem. and they claim their solution cuts more than hitting the fiscal cliff would. would be a lot less painful. how's that possible? they're here to explain. stay with us on this. back in a moment. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. bi
, jackie, ibm has been one of those companies that has been able to thrive in all sorts of economic environments. very tough to do in an inno investigation, economy, bill, and where technology moves so fast. as so many of us are witnessing with oracle and its innovation. we have 35 minutes before "the closing bell" sounds. market is higher but well off the highs of the day. >>> hasn't just been stocks making high today. gold hit a nearly one-year high earlier this session,...
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Oct 3, 2012
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i know you prefer stocks to bonds in this environment. let me take the other side and say we have global quantitative easing. wouldn't it be better doing what the central banks are doing and getting the capital appreciation? >> we don't disagree. certainly we want to be in line with what the central banks are doing. if the treasury bond is buying treasuries it is good to be a treasury holder. what is going to happen when the central bank buying turns off? we think stocks are going to be well positioned in a modern inflation environment. and the bigger risk, deflation is a very probability. a bigger risk is higher inflation in the future in which case cash and bonds do poorly. we need to be in gold and commodities and real assets. we are building our portfolios to reflect the probability of these different destinations. our biggest scenario is one of moderate inflation and equity should be the class to hold. >> i want to go to two more of your picks. logitech and aia. that is not a name we usually talk about. what is the thesis here? >> it
i know you prefer stocks to bonds in this environment. let me take the other side and say we have global quantitative easing. wouldn't it be better doing what the central banks are doing and getting the capital appreciation? >> we don't disagree. certainly we want to be in line with what the central banks are doing. if the treasury bond is buying treasuries it is good to be a treasury holder. what is going to happen when the central bank buying turns off? we think stocks are going to be...
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Oct 4, 2012
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in a brand appropriate environment. we think it makes the brand stronger. it's good for us and them. >> one of the things that people get -- don't understand is that the ag complex doesn't all trade up at the same time. some of the food grains did. but cotton has really gotten cheap. you had very high cotton last year. >> yes, we did. >> is this going through gross margins that cotton's come down so much? >> we had real gross margin challenges last year, particularly in our north american denim business. it's a big business for us and could t denim is a cotton based fabric. we lost 400 basis points in gross margins last year. >> gigantic. >> it is gigantic. but we didn't cover all of our cotton costs while we were doing that. this year, it's coming back to us. it showed up last quarter a little bit. it's going to show up for the back half of the year with improved growth margins. >> one of the things we're going to start hearing is that instead of currency being a headwind, it might be a tailwind. did you calculate 1.28, 1.29 on the euro when you did your l
in a brand appropriate environment. we think it makes the brand stronger. it's good for us and them. >> one of the things that people get -- don't understand is that the ag complex doesn't all trade up at the same time. some of the food grains did. but cotton has really gotten cheap. you had very high cotton last year. >> yes, we did. >> is this going through gross margins that cotton's come down so much? >> we had real gross margin challenges last year, particularly in...
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Oct 3, 2012
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fourth, i would have the federal government take advantage of the low interest rate environment and issue $500 million in 30-year bonds to fix the nation's infrastructure. fifth, i would slap tariffs on goods made by countries. that would stop the endless parade of jobs migrating from our country to other countries. they have a ridiculous competitive advantage over us. six, i would insist there be a course in high school called money where kids could learn what money is, how to save, how to invest. people need education about the stock market. perhaps to find their own therapeutics. seventh, i would appoint a steven jobs memorial competitiveness czar to figure out how our businesses could be made more speft and find out what they need. not government handouts but trying to get educated engineers to help these companies. i would reappoint ben bernanke as chairman of the federal reserve. if it weren't for him, he would never have gotten out of the great depression to begin with. without bernanke, we have nationalized the banks and be stuck with unemployment over 10%. here's the bottom line.
fourth, i would have the federal government take advantage of the low interest rate environment and issue $500 million in 30-year bonds to fix the nation's infrastructure. fifth, i would slap tariffs on goods made by countries. that would stop the endless parade of jobs migrating from our country to other countries. they have a ridiculous competitive advantage over us. six, i would insist there be a course in high school called money where kids could learn what money is, how to save, how to...
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Oct 2, 2012
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i think the environment is tough, and the confidence is low, and when you have a tough environment and low confidence, i've been somewhat, i don't want to use the word depressed but become somewhat of a pessimist. the one thing sam has been is the giant optimist, the bottom of every market sam is buying stuff. and my problem, and then i had this epiphany and i said you know the problem is, if my assessment of the realities are such, everything is massively too expensive. in other words based on the fiscal cliff and all of the head winds the stock wins should be 9,000, not 14,000. the stock marked is getting bullied by qe7 or 8, whatever number it is so we're creating artificial numbers that i don't think the underline will support. >> if barack obama is reelected, would that put you in a state of you might be dprelsed a little bit longer probably, wouldn't you? >> well i just think it would be a continuation of how i am today. >> what do you think right now, are you, do you think he'll be reelected at this point? >> i'm not a political prognosticator. >> off camera you wouldn't say yes
i think the environment is tough, and the confidence is low, and when you have a tough environment and low confidence, i've been somewhat, i don't want to use the word depressed but become somewhat of a pessimist. the one thing sam has been is the giant optimist, the bottom of every market sam is buying stuff. and my problem, and then i had this epiphany and i said you know the problem is, if my assessment of the realities are such, everything is massively too expensive. in other words based on...
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Oct 4, 2012
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and an environment that is favorable for business is actually an environment where business will create jobs. how that's going to go over? >> it won't go over well, he hasn't had a real plan so far. these are about real people's lives. he's got a tougher job i think than the president tonight. because most people because of his comments whether he realizes it or not, he's lived a privileged life. and he doesn't understand common workers, what we go through every day. so he's got a tough job to make people let them know that he does understand what they go through. if he can do that, he'll have a good night. if he can't, i don't think the zingers are going to matter. because big problems require big solutions not bumper sticker answers. >> of course we know the relationship between white house and labor has not always been rosy over the last four years. is there something the president also needs to say to impress you? >> again, it's not what he says to me but what really american workers need. and that's a serious, serious commitment and a real plan to create jobs and right the economy.
and an environment that is favorable for business is actually an environment where business will create jobs. how that's going to go over? >> it won't go over well, he hasn't had a real plan so far. these are about real people's lives. he's got a tougher job i think than the president tonight. because most people because of his comments whether he realizes it or not, he's lived a privileged life. and he doesn't understand common workers, what we go through every day. so he's got a tough...
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Oct 1, 2012
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compared to a lower corporate tax environment is $ billion. it's a tough sell to be patriotic and have that facility in the u.s. cut the corporate tax rate down to a competitive level. i think technology will continue to advance. the problem is keeping the good ideas in the u.s. and create jobs. >> it can happen in spite of things or you can help or be sort of in the way? >> or you can facilitate for an economy which is growing. what we do with foreign graduate students, taxpayer money pays to educate them to get thai masters and ph.d.s and tech topics and our immigration policy says go home. it's a brilliant philosophy. >> you said the growth in intel will be abroad. whatever the tax policy is, i imagine you have to go abroad on manufacturing and engineering. you want to go to the customer. even if we get the rate right which we all want to, what is the ultimate impact? >> you obviously want to have a balance. you look at a company like intel the bulk of it's manufacturing still in the u.s., the bulk of its r&d is in the u.s. and the bulk of
compared to a lower corporate tax environment is $ billion. it's a tough sell to be patriotic and have that facility in the u.s. cut the corporate tax rate down to a competitive level. i think technology will continue to advance. the problem is keeping the good ideas in the u.s. and create jobs. >> it can happen in spite of things or you can help or be sort of in the way? >> or you can facilitate for an economy which is growing. what we do with foreign graduate students, taxpayer...
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Oct 5, 2012
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>> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite confused here and the economy created 114,000 jobs and there's so much noise about the various aspects of the survey. and i'm not sure. 114,000 jobs create side bad, isn't it? that's very, very disappointing. >> it's lackluster, i would say. >> don't we have to -- typically say we have to generate 200,000 to deal what's happening with the population. isn't that usually where we are? why are we not there today? >> to keep the unemployment rate stable you need about $100 and the participation doesn't change. anything over 100,000 will push it over time. under 14 it would be extremely slowly so that is bad and, you k
>> think the baseline for us is essentially more of the same, but in an environment in which earnings are still pretty good and interest rates are still very, very low. i think the baseline forecast does support higher equity prices from here. i do think it's quite bimobile. i think that the alternative scenario to the baseline is one that's significantly worse because we do get a much bigger hit from the fiscal side, but on the baseline, it's supportive. >> i'm really quite...
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Oct 8, 2012
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we feel comfortable we're offering a safe environment for consumers. >> people look at penn national gaming, what differentiates you from your cohorts in this space? >> we think given our conservative balance sheet and ability to invest capital wisely we get great returns on investment. there's $400 million here, the $320 million will be great returns. race tracks moving from toledo and here in columbus up to youngstown, they're going to be great investments. we' we're disciplined in allocating capital. >> it's a 3.25 billion market cap. back to you. >> they are good jobs, though, ryan, you can see why people want, working in a casino, it beats digging ditches. how many, 58,000 applications for 2,000 positions? >> right. i don't think you can get in, joe. that's right. and the wrinkle here, we ran into a couple in pennsylvania, it's a smoke-free floor, too, which is actually good because this is the only suit i have on the road and i can't have it stinken up on my way home. >> i'm not sure what you're talking about the poor conventioneers where the real sins are committed. appreciate
we feel comfortable we're offering a safe environment for consumers. >> people look at penn national gaming, what differentiates you from your cohorts in this space? >> we think given our conservative balance sheet and ability to invest capital wisely we get great returns on investment. there's $400 million here, the $320 million will be great returns. race tracks moving from toledo and here in columbus up to youngstown, they're going to be great investments. we' we're disciplined...
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Oct 2, 2012
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] try new alka-seltzer plus severe allergy to treat allergy symptoms, plus sinus congestion, and pain. and those w
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. i have a cold... i took...
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Oct 1, 2012
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back to you. >>> meantime, on the search for yield in this low-rate environment, jpmorgan's naming one sector that just might give you the fix you're looking for. let's -- let's start over from the beginning. we were just driving along, comin' back from the lake, and all of a sudden, ka-plam. it blindsided us. what is it? our college savings account. how do you think it happened? not sure. i think something we bought a while ago turned out to be something else, annnnnd, i remember a lot of other stuff in there had the word "aggressive" in it. is everyone okay? well, now, yeah. who knows later. ♪ who knows later. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120
back to you. >>> meantime, on the search for yield in this low-rate environment, jpmorgan's naming one sector that just might give you the fix you're looking for. let's -- let's start over from the beginning. we were just driving along, comin' back from the lake, and all of a sudden, ka-plam. it blindsided us. what is it? our college savings account. how do you think it happened? not sure. i think something we bought a while ago turned out to be something else, annnnnd, i remember a...
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Oct 8, 2012
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... we call this our mission.mpany, green toys teaches children that if i have a milk jug and i stick it in the recycling bin it can turn into something new. chase allows us to buy capital equipment to be able to manufacture in the states to the scale we need to be a global company. with a little luck green toys could be the next great american brand. find what's next for your business at chase.com/mainstreet >>> let's get you a sector check. the bond market closed but stocks quite open. utilities and materials top performing sectors. health care and tech are lag the broader ma
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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Oct 4, 2012
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and until you have certainty, i think you'll have what feels like a very flat environment. >> i hesitate to call it the new normal other than i do believe is that a new nbc show that i could plug quickly? isn't it a new -- hell of a show. and it allowed -- helped us win the sweeps. >> do you watch "mad men"? >> i haven't yet. is that based on you? you're much better looking and that guy. >> joe, if i was better looking than jon hamm, i'd be in your seat. >> very subjective. and to me, you are. >> that's why we have this mutual admiration society. but it is an unbelievably good show and sort of a reflection of what advertising was like in the 60s and 70s. >> but it also is a reflection of how we -- the shows that i am absolutely addicted to, i watch when i want. boardwalk empire or homeland or -- >> if you watch the newsroom or suits, they are great. those two are superb. >> and that's what worries me because these are nudity and language and all that, and i'm wonder can go a network compete. but maybe this revolution is -- i grot ot to check it out. >> one of the things we talked about l
and until you have certainty, i think you'll have what feels like a very flat environment. >> i hesitate to call it the new normal other than i do believe is that a new nbc show that i could plug quickly? isn't it a new -- hell of a show. and it allowed -- helped us win the sweeps. >> do you watch "mad men"? >> i haven't yet. is that based on you? you're much better looking and that guy. >> joe, if i was better looking than jon hamm, i'd be in your seat....
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Oct 3, 2012
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i think there's three ways to boost returns in a low returns environment. one is to look outside of mainstream. build a third pillar, if you will. we mostly rely on mainstream stocks and bonds. we have hardly anything in inflation sensitive assets and diversification into alternatives. secondly, look for alpha. try to find managers in strategies that can have value. fundamental index i think is a really important addition to that tool kit. thirdly, be tactical. when yields on bonds go negative or below the rate of inflation, which tacitly means negative yields, look elsewhere. >> bob, on that note. perfect place to leave it. we appreciate your coming by. bob arnott. >>> let's go to seema with a market flash. >> ringo is suing google over what it claims infringement of its search technology. a judge denied google's request for summary judgment and wants both parties to encage in settlements talks with the judge. that's what we understand. the stock up better than 35%. mark cuban has a big stake in this stock as well. >> thank you, seema. >>> this is a deal t
i think there's three ways to boost returns in a low returns environment. one is to look outside of mainstream. build a third pillar, if you will. we mostly rely on mainstream stocks and bonds. we have hardly anything in inflation sensitive assets and diversification into alternatives. secondly, look for alpha. try to find managers in strategies that can have value. fundamental index i think is a really important addition to that tool kit. thirdly, be tactical. when yields on bonds go negative...
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Oct 2, 2012
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tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is not so much the social interactions but everybody's talking so much about data. data is very, very hard to mine correctly. so i think you're going to see a push back towards a lot of enterprise apps that really figure out how it get information to the companies so they can actually be more personalized for the user, but easy to say, a lot to do. >> and really quick, on what you're seeing out there, how tough is europe right now for technology? what are you seeing in terms of the global slow down? >> well, europe continues to baffle us in general in technology. it looks like it's getting softer, not stronger. you know, companies that diversified over the past 20 years do make sure they had good portfolios in all the regions, you know, are taking a hit now with europe. i think it's broad based, so it shouldn't be a knock on any one company. we all know the issues. you better
tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is not so much the social interactions but everybody's talking so much about data. data is very, very hard to mine correctly. so i think you're going to see a push back towards a lot of enterprise apps that really figure out how it get information to the companies so they can...
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Oct 9, 2012
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. >> here he is now around out working on making certain that we have an environment where we can create more -- bernie hasn't got to work a day the rest of his life, bernie and billy are having a wonderful life, god bless this man, he's spending his time and his money getting the message out. we know how to create jobs. we've created them. the point i'm making is the taxes will go up when you have a bigger work base. >> right, and that -- >> that's what he's betting on. >> it's a supply side argument and anyway, we got to run because we have mr. mccain coming up. >> oh, good. >> we do. mitt romney says the middle east has become a more dangerous place during the obama administration. he made his remarks in what his campaign called a major foreign policy speech yesterday in virginia, joining us now is more, senator john mccain, joins us from raleigh, north carolina, where he's campaigning for governor romney. in a nutshell, senator, summarize the points that governor romney made that you think are most spot-on in terms of talking about the middle east and where we are right now. >> well,
. >> here he is now around out working on making certain that we have an environment where we can create more -- bernie hasn't got to work a day the rest of his life, bernie and billy are having a wonderful life, god bless this man, he's spending his time and his money getting the message out. we know how to create jobs. we've created them. the point i'm making is the taxes will go up when you have a bigger work base. >> right, and that -- >> that's what he's betting on....
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so we get a divergence and you see gold perform well in that environment closer to the physical cliff you were talking about and ear regairregardless the dollar does. guys aren't getting out of positions in gold. you have a great support level at 1530, 1630, and now in the 17s. i don't think this is a top but a consolidation period. right now there's a couple -- >> i see where you stand. break it down and give us the trade. >> listen, everybody wants to short the market up here short term. i'm fading that and taking the other side of that. big money support as i laid it out. i'm buying gold on a dip today, 1769, with a 20-point stop at 1749. i'm looking for a profit at 1809. so i'm risking a couple of grand to make four. i like this it trade. >> rich, i like the trade itself, but i think you get in at a better level at the 1750 area to get in and buy gold. it goes above 1800. i want to get there. >> so you heard it straight from the pits. they like the pure play in gold, and now you know how they make money on it from the pits. what about you viewers? where do you see gold heading by
so we get a divergence and you see gold perform well in that environment closer to the physical cliff you were talking about and ear regairregardless the dollar does. guys aren't getting out of positions in gold. you have a great support level at 1530, 1630, and now in the 17s. i don't think this is a top but a consolidation period. right now there's a couple -- >> i see where you stand. break it down and give us the trade. >> listen, everybody wants to short the market up here...
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dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but also in the swing state polls that we do with "the wall street journal"
dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%....
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this is going to be a challenging environment. mandy, great point. china's deceleration is very important. it's very real. you're seeing that in commodity complex. i think that revenue line is going to be very, very important. that's probably going to come in soft. >> all right. we'll leave it there. thanks, everybody. appreciate your time tonight. we'll keep watching this market and the fundamentals around it. we look now where the big money is eyeing and whether or not foreign money is coming into the u.s. we have henry m henry mcveigh w. tell me what you're hearing. >> the clients with the long-term focus are the ones we traditionally work with. we see opportunities. we have a very big presence in asia. i was just over in hong kong and india. we're finding things to do on the consumer side. i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar
this is going to be a challenging environment. mandy, great point. china's deceleration is very important. it's very real. you're seeing that in commodity complex. i think that revenue line is going to be very, very important. that's probably going to come in soft. >> all right. we'll leave it there. thanks, everybody. appreciate your time tonight. we'll keep watching this market and the fundamentals around it. we look now where the big money is eyeing and whether or not foreign money is...
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in the current low-rate environment, large-cap pharma yielding roughly 34%, which on average is 2% higher than stocks in the s&p and vastly outperform, the 10-year treasury note. pfizer is a top dividend payer in the group and a likely increase is expected by year end. shares of pfizer have gained 30% since lipitor went off patent last year thanks to recently launched drugs and solid earnings growth. not just pharma is on the move. biotech hitting several all-time highs in the past month. gilleon has a promising hepatitis c drug in development which it acquired in late 2012. m and a has been a major catalyst for biotech stocks. alexion is a player in a niche market which it can effectively dictate pricing which is a huge advantage making it an eye-catching target for large-cap drug firms looking to bill out their portfolio via acquisition. coming up on closing bell, we'll take a look at some of the standouts in the energy and utilities sector. now it will be really interesting to see what happens to health care stocks post the election. >> they have been soaring. it is an excellent report
in the current low-rate environment, large-cap pharma yielding roughly 34%, which on average is 2% higher than stocks in the s&p and vastly outperform, the 10-year treasury note. pfizer is a top dividend payer in the group and a likely increase is expected by year end. shares of pfizer have gained 30% since lipitor went off patent last year thanks to recently launched drugs and solid earnings growth. not just pharma is on the move. biotech hitting several all-time highs in the past month....
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little deeper, you find many of the european companies have had over a year to adjust to a slower growth environment. we've seen much lower inventory levels. we've seen underinvest inspemen capital, which is creating a bit of tail wind going into next year. interestingly enough, asia is in the same state. what is worrisome is companies haven't adjusted to the possibility of slower growth next year. >> peter, what are you looking for next week? what should we be watching for? >> i think the next three weeks is solely earnings. for two months we've had central banks putting goggles on our eyes. now the fundamentals can't be ignored anymore. they're out from under the rug. we get to hear what the guidance is going forward. >> so peter, on tuesday we're going to see angela merkel in greece. there's going to be horrendous protests, tear gas. we can just imagine. yet, we're going to be able to look through that and focus on the domestic earnings front here? >> the greek stock market was up 12% this week. the bond that's maturing at 11 years is at a high. i think everyone's beginning to it realize that gre
little deeper, you find many of the european companies have had over a year to adjust to a slower growth environment. we've seen much lower inventory levels. we've seen underinvest inspemen capital, which is creating a bit of tail wind going into next year. interestingly enough, asia is in the same state. what is worrisome is companies haven't adjusted to the possibility of slower growth next year. >> peter, what are you looking for next week? what should we be watching for? >> i...
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it will look less aattractive from an investment environment. >> how many dow points will fall if obama is re-elected in your opinion? >> i would say 10% at least. >> just because obama wins? >> absolutely. >> and his policies? >> i'm just baiting you and see how you come out this. >> the policies are for real. the fact that he wins the stock market. >> a no growth economy is not going to support a price earnings ratio. >> obama believed in capitalism and believes in a different type of capitalism than other people. the other point is that -- the same argument was made in '08 and the stock market went up 100%. >> after getting crunched on the way down. thank you very much. we tried. coming up, unchecked, unlimited union power. oh, my goodness. in 30 days michigan is going to vote on a union-backed ballot member to make unionizing a constitutionally protected right. the michigan governor joins me next. he has something to say about that. later on, mitt romney blasts obama's foreign policy calling for the u.s. to play a tougher role, especially in the middle ea east, and slamming obama sa
it will look less aattractive from an investment environment. >> how many dow points will fall if obama is re-elected in your opinion? >> i would say 10% at least. >> just because obama wins? >> absolutely. >> and his policies? >> i'm just baiting you and see how you come out this. >> the policies are for real. the fact that he wins the stock market. >> a no growth economy is not going to support a price earnings ratio. >> obama believed in...
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in a quiet environment, you want to make sure you have a quiet environment because that interrupts your sleep cycle, too. >> ear plugs or white noise. >> ear plugs are like white noise, but when you sleep with the tv on, set the alarm. 20 minutes later, it turns off automatically. >> a constant battle at my house. an alarm clock, you say. >> ideally you wake up without an alarm clock. if you need it, usual it initially. but you want to wake up without it and you want a good pillow so you have the good proper mechanics. >> that is a comfortable looking pill pillow. >> keeps your body laying correctly. >> napping is okay, but don't throw off your sleep schedule. >> get a schedule, get a schedule. high quality. >> take some vacation time. sleep a lot. all right, mark, thank you. nice to see you. >> thanks, randi. >>> just before the election, two days, to be exact. a new movie about the raid that killed osama bin laden will air on the national geographic channel and being distributed by mayor weinstein. i asked nischelle turner about the timing of this movie and the criticism. >> that is w
in a quiet environment, you want to make sure you have a quiet environment because that interrupts your sleep cycle, too. >> ear plugs or white noise. >> ear plugs are like white noise, but when you sleep with the tv on, set the alarm. 20 minutes later, it turns off automatically. >> a constant battle at my house. an alarm clock, you say. >> ideally you wake up without an alarm clock. if you need it, usual it initially. but you want to wake up without it and you want a...
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this is a very complicated cocktail of biology, environment and psychology, and it's not a behavioral choice. >> let me play devil's advocate here, and you say nobody chooses to be overweight. >> or anorexic. >> many people say it's the lifestyle choices and the food choices that you make. you are very much in the public spotlight and what are your thoughts on this? >> i definitely think that you absolutely -- i agree with you, doctor, you cannot choose to be obese. you don't choose to be anorexic. it just seems to be people think you probably sit at home and eat tons of food or sit at home and don't eat anything at all and that's a choice, but it's beyond that. >> not just in the news media, and let's take chris christie as an example, a figure who has been publicly criticized about his figure and weight, and he is very overweight and he knows it and admits it and he addressed this issue time and again, and even discussing it with piers morgan. >> i struggle with my weight. i have been struggling a long time with it and i know it would be better for my kids if i got it more under con
this is a very complicated cocktail of biology, environment and psychology, and it's not a behavioral choice. >> let me play devil's advocate here, and you say nobody chooses to be overweight. >> or anorexic. >> many people say it's the lifestyle choices and the food choices that you make. you are very much in the public spotlight and what are your thoughts on this? >> i definitely think that you absolutely -- i agree with you, doctor, you cannot choose to be obese. you...
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this is a very complicated cocktail of biology, environment, and psychology. and it's not simply a behavioral choice. >> okay. let me play devil's advocate. no one chooses to be overweight? >> absolutely not, or anorexic. >> many people will say, you do, it's a lifestyle choice, food choices that you make. emmy, you're very much in the public spotlight, what are your thoughts on this? >> i definitely think that -- absolutely i agree with you, doctor, you cannot choose to be obese, you don't choose to be anorexic, it just seems to be yes, people think you probably sit at home and eatons of food, you sit at home or don't eat anything at all, that's a choice. it's beyond that. it's way beyond that. there's so many factors involved. i think that the issue here is that it was the straw that broke the camel's back with jennifer. and i do believe that she has used this opportunity during the month of anti-bullying to step up. and her news director okayed it and the station supported her to stand up and not name the individual that wrote the -- i guess it's a blog or
this is a very complicated cocktail of biology, environment, and psychology. and it's not simply a behavioral choice. >> okay. let me play devil's advocate. no one chooses to be overweight? >> absolutely not, or anorexic. >> many people will say, you do, it's a lifestyle choice, food choices that you make. emmy, you're very much in the public spotlight, what are your thoughts on this? >> i definitely think that -- absolutely i agree with you, doctor, you cannot choose to...
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from lori, with gas at over 4 bucks a gallon and laws working to protect our environment, could we start drilling in the u.s. rather than buying outsourced oil. linda, what do they plan to do about the deadly problem of gun violence in this country, how to make it harder for dangerous people to get them. thanks for your comments. facebook.com/carolcnn if you want to continue the conversation. i'm carol costell you. thank y thank you for being with me. "cnn newsroom" continues now with ashleigh banfield. >>> most important, anticipation of the first face-off is a mile high. in ten short hours, the president and his republican challenger are going to share this stage for 90 minutes of give and take on issue number one. and a few other domestic policy flashpoints as well. the economy is due to take up three of the six segments that are laid out for tonight, with one segment each devoted to health care, the role of government and leadership/governing style. and by a pretty wide margin going in right now, the voters expect president obama is going to outdebate his opponent, but both men have
from lori, with gas at over 4 bucks a gallon and laws working to protect our environment, could we start drilling in the u.s. rather than buying outsourced oil. linda, what do they plan to do about the deadly problem of gun violence in this country, how to make it harder for dangerous people to get them. thanks for your comments. facebook.com/carolcnn if you want to continue the conversation. i'm carol costell you. thank y thank you for being with me. "cnn newsroom" continues now with...
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>> well, i am scared because you go up to 120,000 feet, which is a really hostile environment, and no matter how much you have prepared yourself, you never know how it turns out until you do it for real. >> wow. that is a lot of nerve. he is right. baumgartner is scheduled to jump on tuesday, and he will be up 23 miles in the air when he first jumped and will reach at least 690 miles per hour on the way down. that is remarkable. we wish him luck. >>> today 1,000 pastors plan on getting political, and that could cost them their tax exempt status. in fact, they actually hope it does. we'll explain. >> i encourage you -- 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ >> announcer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal info to buy new teeth and a new car, and stuck tom with the $57,000 bill.
>> well, i am scared because you go up to 120,000 feet, which is a really hostile environment, and no matter how much you have prepared yourself, you never know how it turns out until you do it for real. >> wow. that is a lot of nerve. he is right. baumgartner is scheduled to jump on tuesday, and he will be up 23 miles in the air when he first jumped and will reach at least 690 miles per hour on the way down. that is remarkable. we wish him luck. >>> today 1,000 pastors...
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in a quiet environment, you want to make sure that off quiet environment because that interrupts your sleep cycles, too. >> maybe some ear plugs or white noise. >> ear plugs, or white noise. but when you sleep with the tv on, set the alarm so 20 minutes later it turns off. >> an alarm clock, you say? >> ideally you wake up without an alarm clock. if you need it, use it initially. you want good pillow so that you have the proper biomechanics. >> that's a great looking april low. pretty comfortable? >> tempurpedic. >> napping is okay, but don't throw off your sleep schedule. >> get a schedule, high qualltism it's not about doing more, it's about the highest quality sleep possible. >> and take some vacation time. sleep a lot. mark, thank you. nice to see you. >>> from slum to opera singer, a member of mitt romney's much maligned 47% takes to the stage and sets a new tone for perception of the poor and how a hand up got him to center stage. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to
in a quiet environment, you want to make sure that off quiet environment because that interrupts your sleep cycles, too. >> maybe some ear plugs or white noise. >> ear plugs, or white noise. but when you sleep with the tv on, set the alarm so 20 minutes later it turns off. >> an alarm clock, you say? >> ideally you wake up without an alarm clock. if you need it, use it initially. you want good pillow so that you have the proper biomechanics. >> that's a great...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> bottom of the hour now. welcome back, everyone. i'm randi kaye. here are a few stories we're watching this morning. new developments in that shooting that killed a u.s. border patrol agent. the fbi now thinks he may have died by friendly fire. 30-year-old nicholas ivie was shot and killed this week in arizona. originally officials said ivie and his colleague, wounded in the incident, came under fire after responding to a sensor that went off, but authorities say the only shell casings found at the scene were those belonging to the agents. >>> ivie is the third border patrol agent killed in the line of duty this year now. >>
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> bottom of...
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and add in state and local taxes, well over 50, very little incentive create any more jobs in that environment so i think we're at the limit. it's how we divide the government pie up. >> no one move. all three stay put because we'll talk about taxes, deficits and why the middle class is stuck, but america has pulled itself out of this before, right? also, reduced a huge deficit in the process. we have done this before. what president was able to do it, and can it happen again? o. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. . >>> a smaller deficit and a stronger middle class. two goals president obama and governor romne
and add in state and local taxes, well over 50, very little incentive create any more jobs in that environment so i think we're at the limit. it's how we divide the government pie up. >> no one move. all three stay put because we'll talk about taxes, deficits and why the middle class is stuck, but america has pulled itself out of this before, right? also, reduced a huge deficit in the process. we have done this before. what president was able to do it, and can it happen again? o. ♪...
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the environment has gotten such a got you environment that even the politicians themselves and regulators have to do their business with one eye over the shoulders for fear of being dragged into some congressional committee or they'll be exposed for having to talk to leaders. so i think this idea of working together, i think in order to allow people to work together, there has to be a little bit of a letup. another thing is you can't kill people if everything doesn't work out perfectly. who the heck is going to take the jobs in business and government. you'll always get people that want to be ceo and senator and cabinet secretaries, but it might not be the people you want if you make it so punishing for them to take the job and unsustainable to be in the job because who gets it right all the time? >> that's actually an important distinction. john chambers and i were talking about it. in business, you take risks. some of them work out. some of them don't. in government, it's very difficult to take risks because if something goes badly, you're going to get pilloried for it. there's no parti
the environment has gotten such a got you environment that even the politicians themselves and regulators have to do their business with one eye over the shoulders for fear of being dragged into some congressional committee or they'll be exposed for having to talk to leaders. so i think this idea of working together, i think in order to allow people to work together, there has to be a little bit of a letup. another thing is you can't kill people if everything doesn't work out perfectly. who the...
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note that the threats against ambassador stevens took place in tripoli, which is a different security environment than ben ghazi. so you have to evaluate where you are, where the threats are coming from, and you have to distinguish between them. and this is something that the intelligence community has been trying to grapple with. >> thank you very much, jeff porter, we appreciate it. and eli lake, as well. and still "outfront," countdown to the first debate. members of both campaigns join us to tell us what the candidates will focus on tomorrow night. plus, you want to know who will win in november? there is a place that can deliver an answer. a colorado neighborhood with a near-perfect record of picking winners. so we're going to go there "outfront." >>> and a seat coming loose on american airlines planes. more reports. why is this happening? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it
note that the threats against ambassador stevens took place in tripoli, which is a different security environment than ben ghazi. so you have to evaluate where you are, where the threats are coming from, and you have to distinguish between them. and this is something that the intelligence community has been trying to grapple with. >> thank you very much, jeff porter, we appreciate it. and eli lake, as well. and still "outfront," countdown to the first debate. members of both...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. which can relieve pain all day with just two pills. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we're back with tonight's outer circle where we reach out to our sources around the world. we begin in tunisia, where protesters have taken to the streets in support of a woman who was charged with public indecency after she was
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. begins with back pain...
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we also agree on the fact that they create an environment that allows the private sector, men and women who start businesses, to it you'lly create the jobs that we all seek. here's the important point. there is a no-difference theis time around, because what happened is the awful, deep, structural recession. we are slowly but surely crawling our way out of a mess that took years it to get into, and he we certainly are not going to solve in the matter of a couple of months. that is why politicians who make promises are so disingenuous yus. that is why politicians who promise jobs are so dangerous. and that is why politics who promise jobs should be ignored. in the european union, we have unemployment over 11% and it is rising. that is the true disgrace of politicians and jobs. >> the difficulty, though, is when they both think the same, both sides make the same promises and you get stuck in the pickle you're in. >> but i heard you, ali velshi, maybe she can find the moment when you promise this, you promised that if one of those political promises were broken, i think you said you'd wear
we also agree on the fact that they create an environment that allows the private sector, men and women who start businesses, to it you'lly create the jobs that we all seek. here's the important point. there is a no-difference theis time around, because what happened is the awful, deep, structural recession. we are slowly but surely crawling our way out of a mess that took years it to get into, and he we certainly are not going to solve in the matter of a couple of months. that is why...
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continued, and i have made movies since then and speeches and gotten very heavily involved in promoting the environment and so on, but nothing is the same anymore because my personal life has been destroyed. so now -- destroyed because of stupidity, of bad decision making and this huge failure on my part and made a lot of people suffer because of that. so all of that is always on my mind. >> have you been taken aback by the extremity of some of the reaction? people treating you almost like a mass murderer, how dare you commit this hideous crime, when actually, you did what millions of men have done. i'm not excusing it, defending it, anything. i'm just trying to put it into some kind of context, that at times, you've been so battered by this. have you felt it's been too much or not? >> you know, i never tell the press what to write and what to say. they do what they do and i do what i do. and you know, i think that it is my doing. they didn't create this story. no one else created the story. i created it. it's my doing. i did not ever experience the severity that you just explained, but then again, you
continued, and i have made movies since then and speeches and gotten very heavily involved in promoting the environment and so on, but nothing is the same anymore because my personal life has been destroyed. so now -- destroyed because of stupidity, of bad decision making and this huge failure on my part and made a lot of people suffer because of that. so all of that is always on my mind. >> have you been taken aback by the extremity of some of the reaction? people treating you almost...
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do you think that the fact that the media environment that they were in, this overheated media environment really intensifies the impact of these big events? >> absolutely. look, there's no question about it. mitt romney had a stronger night. president obama didn't bring his a game. no good, terrible night for president obama, now everybody looks back and says wow, this was a debacle. he got creamed. it wasn't that bad but the media echo chamber exaggerates that. >> i want to play what congressman gingry said to me earlier. here is a quote. primary is always going to lean right. then you come back to the center for the general. here is a little bit of our conversation. >> my question is what you said is during the campaign, you lean to the right and then you come back to the center when you're actually in the general election. so to me, that is you say one thing for a certain audience, to get them to support you, and then you say something different, maybe completely contradictory to another audience, which some could define as lying. so is that what we're seeing? >> and some could refer t
do you think that the fact that the media environment that they were in, this overheated media environment really intensifies the impact of these big events? >> absolutely. look, there's no question about it. mitt romney had a stronger night. president obama didn't bring his a game. no good, terrible night for president obama, now everybody looks back and says wow, this was a debacle. he got creamed. it wasn't that bad but the media echo chamber exaggerates that. >> i want to play...
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you're catching this in a completely naturalistic environment. you don't know -- there's a lot of things. you don't know exactly how it's going to go. we set up everything and then as the pilots and parachuters were planning their execution, we had to hope that what they said they were going to do would come in and all work right. you'll see in the show a lot of stuff went wrong. >> dr. barth, i have to say, i've been somewhat fatalistic when i ride an airplane. why put on a seat belt? come on. no one is surviving this crash but that's not true. you say people survive plane crashes at an incredibly high rate? >> most people survive plane crashes and most plane crashes are survivable. >> because of where they've chosen to do, where they've chosen to sit? why do they survive? >> a whole lot of factors go into that, but part of it is being aware of where your exits are and what you're going to do to survive. some are dependent on the crash. the first ten rows were destroyed. >> oh, first class. >> sit in the way back. >> cindy measured the potential
you're catching this in a completely naturalistic environment. you don't know -- there's a lot of things. you don't know exactly how it's going to go. we set up everything and then as the pilots and parachuters were planning their execution, we had to hope that what they said they were going to do would come in and all work right. you'll see in the show a lot of stuff went wrong. >> dr. barth, i have to say, i've been somewhat fatalistic when i ride an airplane. why put on a seat belt?...
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the environmental is such a "got you" environment even the regulators have to do their business with one eye over the shoulders for fear of being dragged over the national committee and having to be skboesed to talk to leaders. i think in order to allow people to work together, there has to be a little bit of a let-up. another thing is you can't kill people if everything doesn't work out properly. who the heck is going to take the job whether in business or otherwise. it might not be the people you want if you make it so punishing for them to take the job and so unsustain tobl be in the job because who gets it right all the time? >> that's actually an important distinction. john chal bers and i wither talking about it. in business, you asigh you take risks. some of them work out. some of them don't. in government, it's very difficult to take risks because if something goes badly, you're going to get pilleried for it. the balance that you worry about is very different, right? >> it is. business has an advantage that we know if we don't take risks, there's low chance of survival. those
the environmental is such a "got you" environment even the regulators have to do their business with one eye over the shoulders for fear of being dragged over the national committee and having to be skboesed to talk to leaders. i think in order to allow people to work together, there has to be a little bit of a let-up. another thing is you can't kill people if everything doesn't work out properly. who the heck is going to take the job whether in business or otherwise. it might not be...
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> welcome back to "early start." 56 minutes past the hour. i'm zoraida sambolin along with mr. john berman. taking a look at what is trending on the web this morning. >> powerful words from a powerful guy. kansas city chiefs tackle, the 30-year-old qb suffered a concussion. after the game winston reminded the fans the players are not gladiators. >> i've already kind of come to the understanding, i probably won't live as long because i played this game. that's okay. that's the choice i've made. that's a choice all of us has made. but when you cheer, when you cheer somebody getting knocked out, i don't care who it is, and it just so happened to be matt cassel, it's sickening. it's 100% sickening. >> that's an incredible moment. >> he is 100% right. >> absolut
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> welcome back to "early start." 56 minutes past the hour. i'm zoraida sambolin along with mr. john berman. taking a look at what is trending on the web this morning. >>...
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religion and christianity in particular in progressive politics around helping the poor or preserving the environment. the entire movement emerging that is challenging the irs, that is defying the ban on political endorsement is a conservative movement. >> those behind the campaign are already daring the irs on to sue them. here's what the laws ths, a tax-exempt religious organization is a legal entity that did not participate in or sbemp in any political campaign on behalf of any candidate for public office. so has any church or any one faced a penalty as a result? >> there are very occasional penalties. really it seems like a handful every year, but there's not a wide number by any stretch. what you say is exactly right. this is an attempt by a conservative networks of pastors and lawyers to really challenge this law. the law dates back to 1954. it's been on the books now for over 60 years, and what they want to do is to get a church penalized so they can challenge the law and take this to court and attempt to get this ban overturned. we'll see if it works. >> so i guess is the interpretation as to
religion and christianity in particular in progressive politics around helping the poor or preserving the environment. the entire movement emerging that is challenging the irs, that is defying the ban on political endorsement is a conservative movement. >> those behind the campaign are already daring the irs on to sue them. here's what the laws ths, a tax-exempt religious organization is a legal entity that did not participate in or sbemp in any political campaign on behalf of any...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. > susan hendricks back with the "360" news and business bulletin. >>> another deadly day in syria. an opposition group says at least 150 people have been killed in violence throughout the country today. an opposition spokesman said no syrian is willing to sit down with the killers of the syrian government who have been responsible for every drop of blood that has been shed. that was in response to syria's foreign minister calling for a dialogue at the u.n. general assembly yesterday. >>> a border patrol agent was shot and killed today in arizona. the 30-year-old was shot after responding to a sensor that went off near the borde
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. > susan hendricks...